Org.nr 916 467 141 2021 → 2022 Year-over-year analysis

4FRONT AS: årsregnskap 2022 vs 2021

Cash halved-plus

approved 2023-06-28; registry 2023-07-03; journal 2023 559635

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for 4FRONT AS. Revenue 0 NOK → 0 NOK (0.0%). Net result -9 212 NOK → -10.4k NOK. Equity -34.5k NOK → -44.9k NOK.

Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 4FRONT AS.

At a glance

Revenue

0 NOK 0 NOK

0.0%

Operating result

-7 516 NOK -8 694 NOK

-15.7%

Net result

-9 212 NOK -10.4k NOK

-12.8%

Equity

-34.5k NOK -44.9k NOK

-30.1%

Cash

11.2k NOK 766 NOK

-93.1%

Total assets

27.7k NOK 17.4k NOK

-37.4%

↓
Operating result weakened

Operating result -7 516 NOK → -8 694 NOK. Calculated
↓
Net result weakened

Net result -9 212 NOK → -10.4k NOK. Calculated
↓
Equity eroded

Book equity -34.5k NOK → -44.9k NOK (equity ratio -124.5% → -258.9%). Calculated
↓
Cash fell

Bank deposits 11.2k NOK → 766 NOK (-93.1% YoY). Calculated

·
Thin equity buffer

Equity ratio is -258.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation